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All Forum Posts by: Aleksandr Meston

Aleksandr Meston has started 0 posts and replied 5 times.

Post: What happened to Hubzu?

Aleksandr MestonPosted
  • Real Estate Agent
  • 32656
  • Posts 5
  • Votes 4

I have noticed that as well. the only thing I can say is, maybe people are actually buying them up and making them air bnb. However, I noticed a lot more foreclosures being auctioned off my local counties websites around me. 

You can also go to your county websites and search properties that are tax delinquent and haven't foreclosed yet and get them before the do, almost at the same price. you can also offer to take over the payments from those same people. or get a listing from them (not sure if your agent or not lol) 

Hope this helped! GOODLUCK  

Post: Adding Solar to a Buy and Hold

Aleksandr MestonPosted
  • Real Estate Agent
  • 32656
  • Posts 5
  • Votes 4

I'm not currently using solar, however I want to. Although, I had done some due diligence in the process of receiving, installing and the actual benefit of the systems. I can tell you, from an efficiency stand point, they are fantastic! Lower electric bill, carbon foot print, blah blah blah. what's not to love.

BUT I'm in Florida, not sure about you. Here they say you get them with 0 upfront costs and free after the special tax program and what not. but 95% of them Nobody can qualify for. So, in Florida there beneficial but there going to be bought and payed for by the homeowner (you). 

Maybe someone else has had luck in Florida, hopefully they can help us both out! Until then I hope this helped a little. good luck! if you get any new info on this let me know, it would be much appreciated. 

Make sure you know your state laws. In Florida, any body over 18 has to be on the lease (in long-term rentals) if there living in the home. With that, you could take many different routes. but honestly I would find different tenants. it may be a pain, but you can find renters faster then a new home. Plus that's 9 more months of aggravation, and there is no telling what other issues will arise for them.

But hey, your call lol. GOOD LUCK!!

Post: Fire Damaged Properties

Aleksandr MestonPosted
  • Real Estate Agent
  • 32656
  • Posts 5
  • Votes 4

Being in construction for 15 years, I can tell you. It all depends on the severity of the damage. Your not going to buy everything under the sun to flip. I don't any ways lol. So look at like anything else. Ask three questions. 1) is it worth it? 2) does the risk out weight the reward? 3) is it profitable? 

if the damage is in a centralized area (less then half the home) it could be worth it. However if the fire spread through the house, usually I have seen that its not worth getting in to it.

I know it can be frustrating, stick with it though. Maybe try a higher escrow payment, or possibly even sooner closing dates if possible. I hope this helps and GOODLUCK!!